Fed, Trump and Jerome Powell
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1don MSN
After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.
The director of the Federal Housing Finance Agency has made the removal of the Fed chair his personal mission.
President Trump is again clashing with Fed Chairman Jerome Powell in a face-to-face argument about interest rates and a hugely expensive renovation project at the Fed Headquarters.
Rather than owning up to the insult he hurled at the Fed chair just last week, the president slunk away without a word.
Trump is fed up with Powell, but experts say Americans seeking cheaper interest rates and lower prices shouldn’t be rooting for the Fed chair to be forced into an early exit.